How Nas Made $40 Million By Investing In Smart Doorbell Company

Source: Kevin Mazur / Getty
Nas is not only a successful rapper, but a great businessman too. He recently earned $40 million by investing in Ring, a smart doorbell company. Vibe reports that Ring made over $415 million last year in sales, which is a major jump from its $170 million sales in 2016.
Founder of Ring, Jamie Smirnoff said, “Ring is committed to our mission to reduce crime in neighborhoods by providing effective yet affordable home security tools to our neighbors that make a positive impact on our homes, our communities, and the world. We’ll be able to achieve even more by partnering with an inventive, customer-centric company like Amazon. We look forward to being a part of the Amazon team as we work toward our vision for safer neighborhoods.”
Nas has invested in several startups including Genius, Lyft and SeatGeek. The rapper hasn’t spoke out about his investment, but this is pretty exciting. Congratulation Nas on all of your success!
RELATED: Gary’s Tea: Should Kelis Get More Money From Nas? [EXCLUSIVE VIDEO]
RELATED: Why Kelis Is Asking For More Child Support Money From Nas
RELATED: Nas Reminds Fans Why He’s One Of The Greatest Rappers Alive [VIDEO]
The Latest:
- Commander in Sleep Donald Trump Scraps Struggle Freedom 250 Music Festival
- Vigil Planned At South Carolina Statehouse For Cyrus Carmack-Belton
- Trump Confirms He'll Attend NBA Finals In New York & Gets Accused Of Ruining The Vibes
- Everything We Know About Obama’s Presidential Museum
- REDDZZRUNDOWN RECAP: Latto & Cardi B Address Friendship Fallout
- DMV LOCAL RECAP: Federal Workers Face Changes, Maryland Election Nears
- DIVA’S DAILY DIRT: Latto Addresses Cardi B Drama, Lil Durk Update
- Paige Bueckers Makes History After Her Game-Worn WNBA Debut Jersey Sells For Staggering Amount
- Sound Waves: From Cornerstone Country Crooners To Contemporary Cowboy Carter–Black Country's Lasting Legacy
- Mimi Faust Is Shedding Her Reality TV Past With New Skin Care Line
[ione_media_gallery src=”https://rickeysmileymorningshow.com” id=”1716193″ overlay=”true”]
How Nas Made $40 Million By Investing In Smart Doorbell Company was originally published on rickeysmileymorningshow.com
